Copper Fox Metals Inc.

They have not yet earned their 75% interest so how can they buy out CUU's 25% interest?

cbew great post. However I beleive that Teck can in fact back-in and then later buy out the 25% of the Schaft Creek deposit. All that Copper Fox has to do is to agree to a SC buy-out amount and in exchange sign-off (kill) the back-in (BI) agreement absolving Teck of any further liability.

Copper Fox would likely then payout a huge dividend and have lots of money to explore the properties not subject to the original former BI.

Everyone gets a big payoff, explorers continnue to explore with now much capital, and Teck minimizes it's risk and $$ outllay for now by not buying non-BI properties not yet drilled. Teck could always buy the other non-BI properties once Elmer has proven them up.

jMHO

thoughts?